News articles about EMC Insurance Group (NASDAQ:EMCI) have been trending positive on Sunday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. EMC Insurance Group earned a daily sentiment score of 0.48 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 45.2735392006827 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research firms recently commented on EMCI. Keefe, Bruyette & Woods restated a “neutral” rating on shares of EMC Insurance Group in a research report on Thursday, February 8th. ValuEngine lowered EMC Insurance Group from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, BidaskClub lowered EMC Insurance Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 16th.
Shares of EMC Insurance Group (NASDAQ:EMCI) traded up $0.18 on Friday, reaching $27.46. The company’s stock had a trading volume of 35,387 shares, compared to its average volume of 19,773. The company has a market cap of $590.75, a price-to-earnings ratio of 14.92 and a beta of 0.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.08 and a quick ratio of 0.08. EMC Insurance Group has a 52-week low of $25.70 and a 52-week high of $32.19.
EMC Insurance Group (NASDAQ:EMCI) last announced its quarterly earnings data on Thursday, February 8th. The insurance provider reported $0.67 EPS for the quarter, missing the Zacks’ consensus estimate of $0.70 by ($0.03). The firm had revenue of $169.93 million during the quarter. EMC Insurance Group had a net margin of 6.02% and a return on equity of 4.48%. equities analysts forecast that EMC Insurance Group will post 1.5 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 21st. Shareholders of record on Wednesday, March 14th will be given a $0.22 dividend. The ex-dividend date of this dividend is Tuesday, March 13th. This represents a $0.88 dividend on an annualized basis and a yield of 3.20%. EMC Insurance Group’s payout ratio is 47.83%.
About EMC Insurance Group
EMC Insurance Group Inc is an insurance holding company. The Company operates through two segments: Property and Casualty Insurance and Reinsurance segment. It conducts its property and casualty insurance operations through its subsidiaries, including EMCASCO Insurance Company, Illinois EMCASCO Insurance Company and Dakota Fire Insurance Company, and its reinsurance operations through its subsidiary, EMC Reinsurance Company.
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